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Asset transaction Needs review MFIN

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                                                                          Jakarta, 26 September 2025

No.                       :   309/MM-DIR/IX/25
Lampiran/Attachment       :   Ada
Perihal/Subject           :   Laporan Informasi atau Fakta Material / Material Information or Facts
                              Report

Yth.
Otoritas Jasa Keuangan (OJK)
PT Bursa Efek Indonesia
di Jakarta

Dengan hormat / Dear sir,

Merujuk kepada : (i) Peraturan Otoritas Jasa Keuangan (“OJK”) No. 31/POJK.04/2015 tentang
Keterbukaan atas lnformasi atau Fakta Material oleh Emiten atau Perusahaan Publik sebagaimana
telah diubah dengan Peraturan OJK No. 45 tahun 2024 tentang Pengembangan dan Penguatan Emiten
dan Perusahaan Publik ("POJK 31/2015"), dan (ii) Keputusan Direksi PT Bursa Efek Indonesia No.
Kep-00066/BEl/09-2022 tanggal 30 September 2022 perihal Peraturan Nomor I-E tentang Kewajiban
Penyampaian lnformasi ("Peraturan BEI I-E"), bersama ini kami sampaikan laporan informasi atau
fakta material sebagai berikut:

Referring to: (i) Financial Services Authority Regulation (“OJK”) No. 31/POJK.04/2015 concerning
Disclosure of Information or Material Facts by Issuers or Public Companies as amended by OJK
Regulation No. 45 of 2024 concerning the Development and Strengthening of Issuers and Public
Companies ("OJK Regulation 31/2015"), and (ii) Decision of the Board of Directors of the Indonesia
Stock Exchange No. Kep-00066/BEl/09-2022 dated 30 September 2022 regarding Regulation Number
I-E concerning the Obligation to Submit Information ("IDX Regulation I-E"), we hereby submit the report
of information or material facts as follows:

 1.   Nama Emiten atau Perusahaan         :   PT Mandala Multifinance Tbk (“Perseroan”).
      Publik

      Name of the Issuer or Public            PT Mandala Multifinance Tbk (the “Company”).
      Company

 2.   Bidang Usaha Perseroan              :   Jasa Pembiayaan dan Industri Pembiayaan Konsumen

      Business Activity                       Financing Services and Consumer Financing Industry

 3    Kontak                              :   Telepon / Telephone
                                              (+62 21) 2925 9955
      Contact
                                              Faksimili / Facsimile
                                              (+62 21) 2925 9950

                                              Alamat surat elektronik / Email
                                              corsec@mandalafinance.com
Page 2
2.   Jenis Informasi     atau   Fakta    :   Informasi terkait penyesuaian Jadwal Final Pelaksanaan
     Material                                Penggabungan Usaha antara PT Adira Dinamika Multi
                                             Finance Tbk (“ADMF”) dan Perseroan.
     Type of Information or Material         Information regarding the adjustment of the Final
     Facts                                   Schedule for the Business Merger Implementation
                                             between PT Adira Dinamika Multi Finance Tbk (“ADMF”)
                                             and the Company.

3.   Uraian Informasi atau Fakta         :   Menindaklanjuti arahan PT Bursa Efek Indonesia (”BEI”)
     Material                                melalui surat yang disampaikan BEI kepada ADMF pada
                                             tanggal 24 September 2025. ADMF dan Perseroan
                                             diminta untuk menyampaikan keterbukaan informasi
                                             kepada publik sehubungan dengan penyesuaian lanjutan
                                             atas Jadwal Final Pelaksanaan Penggabungan Usaha
                                             yang sebelumnya telah diuraikan Perseroan dalam
                                             Ringkasan Rancangan Penggabungan Usaha pada
                                             tanggal 30 April 2025 sebagaimana diperbaharui terakhir
                                             pada tanggal 30 Juni 2025.

                                             Adapun penyesuaian lanjutan atas Jadwal Final
                                             Pelaksanaan Penggabungan Usaha antara Perseroan
                                             dan MFIN kami uraikan lebih lanjut dalam Lampiran
                                             Laporan Informasi atau Fakta Material ini.

     Description of Information or           Following the directive from PT Indonesia Stock
     Material Facts                          Exchange (“IDX”) conveyed to ADMF through a letter
                                             dated 24 September 2025, IDX requested that ADMF and
                                             the Company disclose information to the public regarding
                                             further adjustments to the Final Schedule for the Business
                                             Merger Implementation. This schedule was previously
                                             outlined by the Company in the Abridged Merger Plan on
                                             30 April 2025, and most recently updated on 30 June
                                             2025.

                                             Further details regarding the additional adjustments to the
                                             Final Schedule for the Merger Implementation between
                                             the Company and MFIN are provided in the Attachment
                                             to this Material Information or Fact Report.

4.   Dampak kejadian, informasi atau     :   Penyesuaian lanjutan atas Jadwal Final Pelaksanaan
     fakta material tersebut terhadap        Penggabungan Usaha antara ADMF dan Perseroan tidak
     kegiatan operasional, hukum,            akan memiliki dampak signifikan terhadap kegiatan
     kondisi     keuangan,        atau       operasional,  hukum,     kondisi keuangan,     atau
     kelangsungan usaha Perseroan            kelangsungan usaha Perseroan.

     Impact     of   such      events,       Further adjustments to the Final Schedule for the
     information or material facts on        Business Merger Implementation between ADMF and the
     the operational activities, legal       Company will not have a significant impact on the
     aspects and financial conditions,       Company’s operational activities, legal matters, financial
     or business continuity of the           condition, or business continuity.
     Company
Page 3
5.   Keterangan lain-lain       :   -

     Other information              -


                            PT Mandala Multifinance Tbk
                                26 September 2025




                                ________________
                                Nama/Name: Roberto AK Un
                                Jabatan/Position: Director
Page 4
                                   LAMPIRAN

                  Jadwal Pelaksanaan Penggabungan Usaha

Jadwal penggabungan usaha PT Adira Dinamika Multi Finance Tbk (“ADMF”) dan PT
Mandala Multifinance Tbk (“MFIN”) (“Penggabungan”). Untuk selanjut ADMF
bersama – sama dengan MFIN disebut “Perusahaan Peserta Penggabungan”.

 No.                    Aktivitas / Activities                        Tanggal / Date
  1.   Persetujuan Dewan Komisaris masing-masing Perusahaan            28 April 2025
       Peserta Penggabungan atas Penggabungan dan Rancangan
       Penggabungan.

  2.   Pengajuan permohonan persetujuan Bank Danamon sebagai          28 April 2025
       PIKK kepada OJK.

  3.   Pengajuan:                                                     30 April 2025
       a. Permohonan (i) Persetujuan Penggabungan dan
          Persetujuan Penilaian Kemampuan dan Kepatutan Bagi
          Pihak Utama (Fit and Proper Test) kepada OJK (IKNB)
          dan (ii) Pernyataan Pendaftaran Penggabungan kepada
          OJK (Pasar Modal), disertai dokumen pendukungnya.
       b. Permohonan Persetujuan Prinsip kepada BEI untuk
          pencatatan dan penerbitan saham baru ADMF yang
          diterbitkan kepada pemegang saham MFIN akibat
          Penggabungan.

  4.   a. Pengumuman Ringkasan Rancangan Penggabungan
          kepada (i) masyarakat dalam 2 (dua) surat kabar harian
          nasional dan situs web Perusahaan Peserta
          Penggabungan, dan (ii) Karyawan Perusahaan Peserta
          Penggabungan.
       b. Penyampaian       surat     permohonan       persetujuan
          Penggabungan kepada kreditor Perusahaan Peserta
          Penggabungan yang terkait (sebagaimana disyaratkan
          dalam perjanjian pinjaman yang ada).
       c. Pemberitahuan Penggabungan kepada pemangku
          kepentingan terkait (debitur, mitra bisnis, dan kreditor)
          Perusahaan Peserta Penggabungan.

  5.   Penyampaian bukti pengumuman Ringkasan Rancangan
       Penggabungan kepada OJK (Pasar Modal).                         30 April 2025

  6.   Batas waktu bagi kreditor atau pihak ketiga terkait dari        14 Mei 2025
       Perusahaan Peserta Penggabungan untuk menyampaikan
       keberatan sehubungan dengan Penggabungan.
Page 5
No.                   Aktivitas / Activities                          Tanggal / Date
 7.   Penyampaian Mata Acara RUPSLB Perusahaan Peserta                 14 Mei 2025
      Penggabungan kepada OJK (Pasar Modal).

8.    a. Pengumuman       RUPSLB       Perusahaan        Peserta       21 Mei 2025
         Penggabungan dan penyampaian bukti pengumuman
         RUPSLB Perusahaan Peserta Penggabungan kepada
         BEI.
      b. Keterbukaan Informasi terkait Transaksi Afiliasi terkait
         Penggabungan.

9.    Pengajuan Permohonan Persetujuan OJK (IKNB) atas Tim             27 Mei 2025
      Likuidasi MFIN.

10. Pemanggilan RUPSLB Perusahaan Peserta Penggabungan                 5 Juni 2025
    dan penyampaian bukti pemanggilan RUPSLB Perusahaan
    Peserta Penggabungan kepada BEI.

11. Perolehan persetujuan semua kreditor atas Perusahaan               20 Juni 2025
    Peserta Penggabungan sebagaimana dipersyaratkan dalam
    perjanjian pinjaman eksisting.

12. Pengumuman Tambahan Informasi dan/atau Perubahan atas              25 Juni 2025
    Ringkasan Rancangan Penggabungan pada (a) surat kabar
    nasional atau situs web BEI, dan (b) situs web Perusahaan
    Peserta Penggabungan.

13. Tanggal penerbitan:                                                26 Juni 2025
    a. Pernyataan Efektif Penggabungan dari OJK (Pasar
       Modal); dan
    b. Persetujuan Prinsip dari BEI.

14. Tanggal penerbitan Persetujuan Penggabungan dari OJK               30 Juni 2025
    (IKNB).

15. Pemberitahuan kepada BEI tentang penerbitan Pernyataan             30 Juni 2025
    Efektif Penggabungan dari OJK (Pasar Modal) dan
    Persetujuan Penggabungan dari OJK (IKNB).

16. Pengumuman Tambahan Informasi dan/atau Perubahan                   30 Juni 2025
    Kedua atas Ringkasan Rancangan Penggabungan kedua
    pada (a) surat kabar nasional atau situs web BEI, dan (b) situs
    web Perusahaan Peserta Penggabungan.

17. RUPSLB      masing-masing       Perusahaan        Peserta          30 Juni 2025
    Penggabungan untuk menyetujui, antara lain, Penggabungan
    beserta Rancangan Penggabungan dan konsep Akta
    Penggabungan, pembelian kembali atas saham milik
    pemegang saham yang tidak menyetujui Penggabungan dan
Page 6
No.                      Aktivitas / Activities                    Tanggal / Date
      meminta agar sahamnya dibeli oleh Perusahaan Peserta
      Penggabungan      (sebagaimana       relevan), perubahan
      Anggaran Dasar (khusus untuk ADMF), pemberhentian
      seluruh anggota Direksi, Dewan Komisaris dan Dewan
      Pengawas Syariah MFIN (khusus untuk MFIN), dan
      pelaksanaan proses likuidasi sederhana MFIN serta
      penunjukan Tim Likuidasi MFIN.

18. Pengumuman & Keterbukaan Informasi:                             2 Juli 2025
    a. Pengumuman Ringkasan Risalah RUPSLB Perusahaan
       Peserta Penggabungan kepada publik dan BEI.
    b. Pengumuman dan keterbukaan informasi mengenai
       pembelian kembali saham

19. Batas waktu penyampaian pernyataan bagi pemegang                3 Juli 2025 -
    saham Perusahaan Peserta Penggabungan yang tidak                15 Juli 2025
    menyetujui penggabungan dan ingin menjual sahamnya
    kepada MFIN atau ADMF yang dapat ditunjuk oleh ADMF
    (sebagaimana relevan).

20. Tanggal terakhir diterimanya semua Persetujuan Penilaian        7 Juli 2025
    Kemampuan dan Kepatutan Bagi Pihak Utama (Fit and
    Proper Test) dari OJK (IKNB).

21. Penerbitan persetujuan     OJK    atas   penunjukan   Bank      8 Juli 2025
    Danamon sebagai PIKK

22. Penyesuaian Izin Usaha pada Sistem Online Single               16 Juli 2025 -
    Submission untuk menggabungkan data perizinan usaha            30 September
    ADMF dan MFIN serta memperoleh NIB Penggabungan.                   2025

23. Penandatanganan Akta Penggabungan oleh Perusahaan               16 Juli 2025
    Peserta Penggabungan.

24. Penyampaian kepada BEI:                                         17 Juli 2025
    a. Akta Penggabungan; dan
    b. Jadwal   final pencatatan        saham    ADMF      hasil
       Penggabungan.

25. Penyampaian laporan oleh ADMF kepada OJK (IKNB) atas            17 Juli 2025
    pelaksanaan RUPSLB beserta:
    a. Akta penggabungan;
    b. Akta     Keputusan       RUPSLB       yang     menyetujui
       Penggabungan;
    c. Neraca tidak diaudit per 30 Juni 2025 dan surat pengantar
       dari auditor untuk melakukan audit atas saldo per 30
       September 2025;
    d. Surat Pembebasan Pajak (Surat Fiskal) MFIN.
Page 7
No.                          Aktivitas / Activities                               Tanggal / Date

26. Penyampaian Risalah RUPSLB Perusahaan                            Peserta       17 Juli 2025
    Penggabungan kepada OJK (Pasar Modal).

27. Pembayaran Pembelian Kembali Saham.                                           15 September
                                                                                      2025

28. Perdagangan terakhir             saham      MFIN      sebelum      efektif    26 September
    Penggabungan di BEI.                                                              2025

29. Suspensi saham MFIN pada seluruh pasar                                        29 September
                                                                                     2025 –
                                                                                  30 September
                                                                                      2025

30. Recording Date pemegang saham MFIN yang berhak                                30 September
    memperoleh saham ADMF hasil Penggabungan.                                         2025

31. Penyampaian Akta Penggabungan, Akta Keputusan                                 1 Oktober 2025
    RUPSLB yang menyetujui Penggabungan, Akta Perubahan
    Anggaran Dasar ADMF, dan Akta Perubahan Komposisi
    Dewan Direksi, Dewan Komisaris, dan Pemegang Saham
    kepada Menteri Hukum Republik Indonesia (‘’Menkum’’).

32.    a. Perolehan Persetujuan atas perubahan Anggaran Dasar,                    1 Oktober 2025
          Data Perseroan ADMF, dan Penggabungan dari
          Menkum.

       b. Penyampaian kepada BEI bukti perolehan persetujuan
          perubahan Anggaran Dasar ADMF dan Penggabungan
          dari Menkum.

33. Tanggal Efektif Penggabungan Usaha.                                           1 Oktober 2025

34. Keterbukaan Informasi Efektif Penggabungan Usaha ADMF                         1 Oktober 2025
    dan MFIN

35. Pendistribusian saham perusahaan hasil penggabungan                           1 Oktober 2025
    (ADMF) melalui sistem C-BEST KSEI*)

      *) Dalam hal dokumen persetujuan Menkum atas penggabungan usaha
      telah diterima oleh ADMF.

      Adapun dari hasil penilaian KJPP Kusnanto dan Rekan dan KJPP
      Suwendho Rinaldy dan Rekan, perbandingan antara nilai pasar saham
      ADMF dan MFIN adalah sebesar 1 : 0,052401. Secara teori, persentase
      saham yang dimiliki oleh pemegang saham ADMF dan MFIN akan
      terdilusi secara proporsional berdasarkan rasio konversi, dimana setiap 1
      (satu) saham di MFIN akan setara dengan 0,052401 saham di ADMF.
Page 8
No.                       Aktivitas / Activities                       Tanggal / Date
      Pasca Penggabungan, seluruh saham pemegang saham MFIN, kecuali
      yang dipunyai oleh ADMF, akan ditukar dengan 235.803.109 saham
      ADMF.

36. Tanggal efektif pencatatan dan perdagangan               saham     2 Oktober 2025
    tambahan ADMF hasil Penggabungan di BEI.

37. Tanggal efektif penghapusan pencatatan (Delisting) saham           2 Oktober 2025
    MFIN di BEI.

38. Penyampaian laporan pasca pelaksanaan Penggabungan                 6 Oktober 2025
    kepada OJK (Pasar Modal).

39. Melaporkan Perubahan Kepemilikan Saham kepada OJK                  6 Oktober 2025
    (Pasar Modal) bagi Pemegang Saham Utama (pemegang
    saham > 5% dan pengendali) ADMF dan MFIN.

40. Penyampaian Laporan kepada OJK (IKNB) terkait:                     6 Oktober 2025
    a. Pelaksanaan Penggabungan;
    b. Perubahan Anggaran Dasar ADMF.

41. Perkiraan tanggal penerbitan persetujuan OJK atas Tim              6 Oktober 2025
    Likuidasi MFIN.                                                     – 31 Oktober
                                                                            2025

42. Estimasi tanggal pelaksanaan proses likuidasi MFIN oleh Tim              Sejak
    Likuidasi MFIN sebagai akibbat dari Penggabungan.                    diperolehnya
                                                                       persetujuan OJK
                                                                        sampai dengan
                                                                           maksimal
                                                                       dua tahun sejak
                                                                         diperolehnya
                                                                          persetujuan
                                                                            tersebut

43. Penyampaian rencana kerja dan anggaran biaya                        17 November
    pelaksanaan likuidasi oleh Tim Likuidasi MFIN kepada OJK.            2025 – 12
                                                                       Desember 2025

44. Tanggal Efektif Penggabungan Usaha secara operasional.             1 Oktober 2026
Page 9
                                   ATTACHMENT

                  Timeline of Business Merger Implementation

Schedule for the business merger of PT Adira Dinamika Multi Finance Tbk (“ADMF”) and PT
Mandala Multifinance Tbk (“MFIN”) (“Merger”). Hereinafter, ADMF together with MFIN are
referred to as the “Merger Participating Companies”.

 No.                          Milestones                                      Date
  1.   BOC approval of each Merger Participating Companies on             28 April 2025
       the Merger and the Merger Plan.

  2.   FHC approval application of Bank Danamon to OJK                    28 April 2025

  3.   Submission of:                                                     30 April 2025
       a. Application for (i) Merger Approval & Fit and Proper Test
          Approval for the Primary Parties to OJK (IKNB) and (ii)
          Merger Registration Statement to OJK (Capital Market),
          accompanied by supporting documents.
       b. Application for Principal Approval to IDX for the listing and
          issuance of ADMF’s new shares to the shareholders of
          MFIN as a result of the Merger.

  4.   a. Abridged Merger Plan announcement to (i) the public in 2
          (two) national daily newspapers and on the websites of the
          Merger Participating Companies, and (ii) the employees of
          the Merger Participating Companies.
       b. Submission of merger approval request letter to the
          relevant creditors of the Merger Participating Companies
          (as required in the existing loan agreements).
       c. Notification of Merger to the relevant stakeholders (debtor,
          business partners, and creditors) of the Merger
          Participating Companies.

  5.   Submission of evidence of the announcement of the Abridged
       Merger Plan to OJK (Capital Market).                               30 April 2025

  6.   The deadline for creditors or any related third party of the       14 May 2025
       Merger Participating Companies to submit objection
       regarding the Merger.

  7.   The submission of the EGMS agenda of the Merger                    14 May 2025
       Participating Companies to OJK (Capital Market).

  8.   a. EGMS Announcement of the Merger Participating                   21 May 2025
          Companies and submission evidence of the EGMS
          announcement of the Merger Participating Companies to
          IDX;
Page 10
No.                           Milestones                                 Date
      b. Information disclosure on Affiliated Transaction regarding
         the Merger.

9.    Submission of an Application for Approval from OJK (IKNB)       27 May 2025
      for the MFIN liquidation team.

10. EGMS Invitation of the Merger Participating Companies and         5 June 2025
    submission of evidence of the EGMS Invitation of the Merger
    Participating Companies to IDX.

11. Final date for obtaining approval from creditors of the Merger    20 June 2025
    Participating Companies as required under the existing loan
    agreements.

12. Announcement of amendment or additional information on            25 June 2025
    Merger Plan on (a) national newspapers or the IDX website,
    and (b) the websites of the Merger Participating Companies.

13. The date of issuance:                                             26 June 2025
    a. The Effective Merger Statement from OJK (Capital
       Market); and
    b. Principal Approval from IDX.

14. The date of issuance of the Merger Approval from OJK              30 June 2025
    (IKNB).

15. Notification to the IDX regarding the issuance of the Effective   30 June 2025
    Merger Statement from OJK (Capital Market) and the Merger
    Approval from OJK (IKNB).

16. Announcement of Second Additional Information and/or              30 June 2025
    Changes to the Summary of the Merger Plan in (a) national
    newspapers or the BEI website, and (b) the websites of the
    Merger Participating Companies.

17. EGMS of each Merger Participating Companies to approve,           30 June 2025
    among other, the Merger along with the Merger Plan, and the
    draft of the Deed of Merger, share buyback shares owned by
    shareholders who do not approve the Merger and request
    their shares to be bought back by the Merger Participation
    Companies (as relevant) , amendment to the AOA
    (specifically for ADMF), dismissal of all members of the Board
    of Directors, Board of Commissioners, and Sharia
    Supervisory Board of MFIN (specifically for MFIN), the
    implementation of the simplified liquidation process of MFIN
    as well as the appointment of the MFIN Liquidation Team.

18. Announcement & Disclosure Information:                            2 July 2025
Page 11
No.                       Milestones                                        Date
      a. Announcement of Summary of Minutes of Meeting of
         EGMS of the Merger Participating Companies to public
         and IDX.
      b. Announcement and disclosure of information regarding
         shares buyback.

19. Deadline for submission of statements by shareholders of the 3 July 2025 - 15 July
    Merger Participating Companies who do not approve the                2025
    merger and wish to sell their shares to MFIN or ADMF (as
    relevant).

20. The last date for receiving all Approvals for Fit and Proper        7 July 2025
    Test for Key Parties from OJK (IKNB).

21. Issuance of OJK approval for the appointment of Bank                8 July 2025
    Danamon as the PIKK.

22. Merger business license adjustment at Online Single               16 July 2025 - 30
    Submission system to merge the business license data of           September 2025
    ADMF and MFIN and obtain the NIB Merger.

23. Signing of the Merger Deed by the Merger Participating              16 July 2025
    Companies.

24. Submission to the IDX:                                              17 July 2025
    a. Deed of Merger; and
    b. Final schedule for the listing of ADMF shares resulting
       from the merger.

25. Submission of the report by ADMF to OJK (IKNB) on the               17 July 2025
    implementation of the EGMS along with:
    a. Deed of Merger;
    b. Deed of EGMS Resolution approving the Merger;
    c. Unaudited balance sheet as of 30 June 2025, and a cover
       letter from the auditor to conduct an audit of the balances
       as of 30 September 2025;
    d. Tax Exemption Letter (Surat Fiskal) of MFIN.

26. Submission of Minutes of Meeting of the EGMS Resolutions            17 July 2025
    of the Merger Participating Companies to OJK (Capital
    Market).

27. Shares Buyback Payment                                           15 September 2025

28. The last trading of MFIN shares before the Merger becomes        26 September 2025
    effective on the IDX.
Page 12
No.                        Milestones                                                    Date
 29. Suspension of MFIN shares on all markets.                                     29 September 2025
                                                                                    – 30 September
                                                                                         2025
30. Recording Date of MFIN shareholders entitled to receive                        30 September 2025
    ADMF shares resulting from the Merger.

31. Submission of the Merger Deed, the Extraordinary General                        1 October 2025
    Meeting of Shareholders (EGMS) Resolution Deed approving
    the Merger, the Amendment to ADMF’s Articles of Association
    Deed, and the Deed of Changes to the Composition of the
    Board of Directors, Board of Commissioners, and
    Shareholders to the Minister of Law of the Republic of
    Indonesia (“MOL”).

32.   a. Obtaining MOL approval for the amendment of the                            1 October 2025
         Articles of Association and Company Data of ADMF, and
         the Merger.

      b. Submission to IDX of proof of obtaining approval for the
         amendment of ADMF’s Articles of Association and the
         Merger from MOL.

33. Effective Merger Date.                                                          1 October 2025

34. Disclosure of Information on the Effectiveness of the                           1 October 2025
    Business Merger between ADMF and MFIN.

35. Distribution of shares of the merged company (ADMF)                             1 October 2025
    through the KSEI C-BEST system*)

      *) Provided that the Minister of Law’s approval documents for the business
      merger have been received by ADMF.

      Based on the valuation results from KJPP Kusnanto and Partners and
      KJPP Suwendho Rinaldy and Partners, the market value comparison
      between ADMF and MFIN shares is 1 : 0.052401. In theory, the
      percentage of shares owned by ADMF and MFIN shareholders will be
      proportionally diluted based on the conversion ratio, where each 1 (one)
      MFIN share will be equivalent to 0.052401 ADMF shares. After the
      merger, all shares held by MFIN shareholders, except those owned by
      ADMF, will be exchanged for 235,803,109 ADMF shares.

36. Effective date of listing and trading of additional ADMF shares                 2 October 2025
    resulting from the Merger on IDX.

37. Effective date for delisting MFIN shares from IDX.                              2 October 2025

38. Submission of post-Merger implementation report to OJK                          6 October 2025
    (Capital Market).
Page 13
No.                         Milestones                                  Date

39. Report on change in shares ownership to OJK (Capital          6 October 2025
    Market) for Substantial Shareholders (shareholders > 5%
    shareholding and controlling shareholder) of ADMF and
    MFIN.

40. Submission of a report to OJK (IKNB) regarding:               6 October 2025
    a. Implementation of the Merger;
    b. Amendment to the AOA of ADMF.

41. Estimated date of issuance of OJK approval for the MFIN 6 October 2025 – 31
    Liquidation Team.                                          October 2025

42. Estimated date of the liquidation process of MFIN by the      From the time the
    MFIN Liquidation Team as a result of the Merger.               OJK approval is
                                                                   obtained up to a
                                                                  maximum of two
                                                                 years from the date
                                                                    the approval is
                                                                        granted

43. Submission of the work plan and budget for the liquidation   17 November 2025
    implementation by the MFIN Liquidation Team to OJK.           – 12 December
                                                                       2025

44. Operational Effective Merger Date.                            1 October 2026


                                    *****

File

File Open PDF
Source IDX
Size0.37 MB
Published26 Sep 2025
Pages13
Characters29,809
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 15 people and organisations named in the text · linked when the evidence is strong

linked org Mandala Multifinance Tbk p.1 ×14
linked org Adira Dinamika Multi Finance Tbk p.2 ×11
linked person Roberto AK Un p.3
linked org Bank Danamon p.4 ×3
possible org Otoritas Jasa Keuangan p.1 ×2
possible org PT Bursa Efek Indonesia p.1 ×3
unresolved org Financial Services Authority p.1
unresolved org Indonesia Stock Exchange p.1
unresolved org Menteri Hukum Republik Indonesia p.7
unresolved org KJPP Kusnanto dan Rekan p.7
unresolved org KJPP Kusnanto p.7 ×2
unresolved org KJPP Suwendho Rinaldy dan Rekan p.7
unresolved org KJPP Suwendho Rinaldy p.7 ×2
unresolved org Minister of Law p.12
unresolved org Minister of Law’s p.12

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

Rule parser Needs review confidence 0.091 1150 ms 12 Sep 2026 22:57
Raw output
{'appraiser_exempt': None,
 'appraiser_name': '',
 'assets': [],
 'currency': None,
 'fact_type': '',
 'issuer_name': '',
 'kind': 'MATERIAL_FACT',
 'kjpp_name': '',
 'letter_number': '',
 'object_text': '',
 'object_truncated': False,
 'parties': [],
 'pct_of_equity': None,
 'reference_period': '',
 'requires_rups': None,
 'rups_date': None,
 'ticker': '',
 'transaction_date': None,
 'valuation_date': None,
 'value': None}

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